About 233 Million XRP Tied to Binance Hack Moves to Six Wallets

Crypto commentator Digital Asset Investor flagged 233.45 million XRP linked to the Oct. 29 Binance hack after nine transfers sent the funds to six new wallets Nov. 2, putting their next movement in focus.

The nine transactions ran from 10:52 to 11 p.m. ET Nov. 1 (03:52-04:00 UTC Nov. 2). Before the split, the XRP had remained in one destination wallet for about 80 hours.

The funds first moved from five Binance wallets to a single address over four minutes on Oct. 29, between 4:05 and 4:09 p.m. ET (20:05-20:09 UTC).

Digital Asset Investor described the division among new wallets as a pattern associated with preparing to launder funds. The six wallets had not sent the XRP onward as of Nov. 3, and no exchange had reported receiving it.

The XRP haul was valued at about $296 million, within an attack total estimated at $6.36 billion. The attack also spread to nine other blockchains, including Bitcoin, Ethereum, Tron and Solana.